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The Minister for External Relations this week joined Finance Ministers from around the world in Dubai to take part in discussions ranging from supporting small and medium enterprises to financial inclusion.
Senator Ian Gorst has been at the World Government Summit, where he took part in the Ministry of Finance's roundtable.
The annual summit hosts more than 4,000 participants and invites world leaders, international organisations’ representatives, thinkers, and experts from more than 150 countries.
The Minister’s visit supports the aims outlined in Jersey’s Common Policy on External Relations and reflects the commercial and political links between Jersey and the UAE, a priority growth market in the Government of Jersey’s Global Markets strategy.
Pleased to participate in @WorldGovSummit discussion with Finance Ministers from around the world on supporting #SMEs and financial inclusion #Dubai #WorldGovSummit #FinancialInclusion pic.twitter.com/G6sgvJUCJ4
— Senator Ian Gorst (@Ian_Gorst) February 10, 2019
Senator Gorst said: “I am delighted to have been invited by the Government of the UAE to attend the World Government Summit and to participate in the Ministry of Finance’s roundtable event. As a leading international finance centre, Jersey has a key role to play in providing capital for cross-border investment and in supporting financial inclusion.
“The Government of Jersey is committing to enhancing Jersey’s international profile, and to developing relationships with international partners based on shared interests. As we seek to expand our network of international agreements, we hope that our ties with global markets will ensure a legacy of sustainable economic growth for future generations.”
Jersey and the UAE ratified a Double Taxation Agreement last year, and officials are currently negotiating a Bilateral Investment Treaty, which, when signed, will be Jersey’s first of its kind.
Pictured: Senator Ian Gorst with HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs.
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